Brightspeed CFO Jacky Wu says ‘convergence is real’

New Street Research analyst David Barden recently suggested that Brightspeed might make a good acquisition target for Verizon. Asked about that prospect, Jacky Wu, Brightspeed’s president & CFO, said “While we won’t comment on market speculation, we do believe convergence is real. As the largest fiber platform outside of AT&T and Verizon, it’s not surprising that Brightspeed would generate interest. This year represents our third consecutive year of passing approximately one million homes and businesses with fiber, underscoring the strength of the fiber-build engine we’ve created.” There’s general consensus among telecommunications analysts that 2026 is going to be a big year for consolidation in the fiber industry in the U.S. And there aren’t many fiber broadband providers left that pass more than one million locations.